AVIC Shenyang Aircraft (SHA:600760) expects its net profit attributable to shareholders in the first half to drop by approximately 58% to 474.7 million yuan from 1.14 billion yuan a year earlier, according to a Shanghai bourse filing on Tuesday.
Earnings per share a year earlier was 0.41 yuan.
The Chinese aircraft manufacturer attributed the forecast to a decline in revenue and profit due to the number of shipments declining due to delays and other factors.
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